NYK Group has reached an agreement with the Norwegian shipping company Westfal- Larsen Group to fully acquire Saga Welco.Saga Welco, a Norwegian shipping operator specializing in transporting cargo via open-hatch vessels, is currently jointly owned by …
NYK Group Acquires Saga Welco Read More »
The United States issued a 30-day license for countries to buy Russian oil and petroleum products currently stranded at sea in what Treasury Secretary Scott Bessent said was a step to stabilize global energy markets roiled by the Iran war.The announcem…
US Allows Countries to Buy Russian Oil Stranded at Sea Read More »
The Swedish coast guard said on Thursday it boarded and took control of a suspected stateless vessel in Swedish waters of the Baltic Sea, in the second such incident in less than a week.The 228-meter-long (250 yards) tanker Sea Owl I was flying the Com…
Swedish Coast Guard Boards Second Stateless Ship in a Week Read More »
This week, CMA CGM and SIPG Energy successfully completed the bunkering of 3,643 tons of bio-methanol for the CMA CGM Osmium at Yangshan Port in Shanghai. This operation marks CMA CGM’s first bio-methanol bunkering worldwide and sets a new national…
Bio-Methanol Gaining Traction as Alternative Fuel Read More »
Damen Shipyards Group has signed a memorandum of understanding (MoU) with FN Herstal, laying the foundation for a strategic industrial participation in maritime defense.The two parties aim to collaborate closely on the integration of FN solutions with …
FN and Damen to Develop Defense Solutions Read More »